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rossgivens

Pullback Buy in SMCI

Long
Super Micro Computer, Inc. (NASDAQ:SMCI)  
rossgivens  
NASDAQ:SMCI   Super Micro Computer, Inc.
Trend Analysis Chart Patterns Beyond Technical Analysis pullback pullbackbuy pullbacktrade SMCI rossgivens
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trendanalysis chartpattern beyondta pullback pullbackbuy pullbacktrade smci rossgivens
SMCI is a market-leading stock. As a key player in the AI space, Super Micro is currently an institutional favorite.

Shares tripled in 45 days between April and June, and the stock is finally pulling back.

This dip to the 21-day moving average is a buyable pullback. I would use an 8-10% stop to keep risk tight.
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